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WILLIAMS SONOMA INC — Director's Dealing 2014
Mar 28, 2014
30242_dirs_2014-03-27_5c209c22-dbde-4c0c-9059-854143bd078f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WILLIAMS SONOMA INC (WSM)
CIK: 0000719955
Period of Report: 2014-03-25
Reporting Person: STANGL SANDRA (PRESIDENT POTTERY BARN BRANDS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-25 | Common Stock | M | 25000 | — | Acquired | 43918 | Direct |
| 2014-03-25 | Common Stock | F | 10844 | $66.31 | Disposed | 33074 | Direct |
| 2014-03-25 | Common Stock | S | 14156 | $66.0741 | Disposed | 18918 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-25 | Restricted Stock Units | $ | M | 25000 | Disposed | Common Stock (25000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5554 | Indirect |
Footnotes
F1: Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F2: Reflects the weighted average price as the shares were sold in multiple transactions. The per share transaction price ranged from $65.88 to $66.56. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3: Represents the number of shares held by the reporting person in the Williams-Sonoma, Inc. Stock Fund under the Williams-Sonoma, Inc. 401(k) Plan, based on a statement dated March 25, 2014.
F4: Each restricted stock unit represents a contingent right to receive one share of WSM common stock.
F5: The restricted stock units vested fully on March 25, 2014. Dividend equivalent payments are accrued and paid upon vesting of these shares.
F6: The restricted stock units are cancelled upon vesting and delivery of shares of WSM common stock.